omamah0786 omamah0786

02-02-2021
Mathematics

contestada

Can someone tell me a good definition for “Annuity” please?

Respuesta :

02-02-2021

Answer:

an annuity is a type of retirement income product that you buy with some or all of your pension pot. it pays a regular retirement income either for life or for a set period. (hope this is a decent answer lol)

Step-by-step explanation:

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taytayswag2 taytayswag2

02-02-2021

Answer:

An annuity is a contract between you and an insurance company in which you make a lump-sum payment or series of payments and, in return, receive regular disbursements, beginning either immediately or at some point in the future.

Step-by-step explanation:

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